Sarajevo International Airport in Bosnia has received a loan from the European Bank for Reconstruction and Development (EBRD) to modernise its existing infrastructure and increase capacity.
The €25m ($33m) loan will be used to fund the expansion of the passenger terminal and the aircraft parking apron, and to construct a new rapid runway.
The expansion will see almost 7,000m² added to the current area of the passenger terminal (10,000m²).
The expansion project is aimed to support greater commercialisation of the airport’s activities and to facilitate implementation of the EU’s Single European Sky initiative in Bosnia.
Financial help has been received for the project from the Dutch Government, the Western Balkans Fund and an EBRD Shareholder Special Fund of nearly €1m.
EBRD transport team director Sue Barrett said the upgrade of Sarajevo International Airport will improve the quality of air traffic movement, stimulating further growth in passenger flow.